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CSPAN 32
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CSPAN
Dec 23, 2012 10:05pm EST
the fiscal cliff that includes no tax increases. sbainer boehner and other republican leaders have been too scared about suffering publicly if the nation goes over the cliff and the tax sbikeses that are triggered in january. now that the plan b has failed these conservative republicans should be empower you ared to make big demands and stop caving to the president out of fear." guest: that doesn't make much sense to me. you have to get it through the house republicans then the president has to sign something, if that doesn't happen then you have very large tax increases a lot more than what they were talking about in their negotiating and you have the defense cuts that happen overtime and some other, nondefense cuts. you really have this huge amount of revenue, a lot of debt reduction. it is hard to see what demands the republicans can think will be easier to make come the new year. guest: plus, we've seen the president's approval level is at a high. and the poll should show that the republicans are going to be blamed if we go over the cliff and taxes go up. that is before the debacle with
CSPAN
Dec 29, 2012 7:00pm EST
:00 on c- span's q&a. >> coming up, and look at the so-called fiscal cliff. weekly addresses from president obama and with republican senator roy blunt. >> hi, . i have been working to come together around a plant to grow the economy and shrink our efforts -- deficit. it is a balanced plan, one that would cut spending in a responsible way and ask the wealthiest americans to pay a little more. i will keep working with anybody serious about getting a comprehensive plan like this done because it is the right thing to do for our economic growth. we are not at the point where in a couple of days, the losses at the americans' tax rates are going up. the americans paycheck will get a lot smaller. that would be the wrong thing to do for our economy. it would hurt middle-class families and it would hurt the businesses that depend on your spending. and congress can prevent it from happening, if they act now. leaders in congress are working on a way to prevent this tax hike on the middle class and i believe we may be able to reach an agreement that can pass both houses in time. but, if an agreement is
CSPAN
Dec 28, 2012 7:00am EST
guards in school. they will have a deal. if it goes over the fiscal cliff, it will hurt the republicans more. host: thank you for the call. a photograph of the president, cutting short his vacation. leaders were blaming each other for the stalled negotiations just days before tax increases lock in. more from the floor of the senate yesterday, harry reid. [video clip] >> speaker boehner should not have that members go back. they are not here. they are not here. john bennett seems to keep more about keeping his speakership than keeping the nation on firm financial footing. he is waiting until january 3 to get reelected as speaker. he has so many people over there that will not follow what he wants. that is obvious from the debacle that took place last week. host: back to your calls and comments. negotiations resumed at 3:00 p.m. this afternoon at the white house. north carolina on the republican line, good morning. caller: how are you/ i'm doing well -- how are you? the budget as far as the epa, i wonder if that would help cutting the budget, plus cutting entitlement spending. instead of
CSPAN
Dec 29, 2012 7:00am EST
republicans are fighting to have a balanced point of view for the fiscal cliff. if the president wants to spend $one. 6 trillion, he should cut the spending by that. it should be 400,000 jobs. people who give us jobs are the people that earn $400,000 and can afford to have a family and pay for employees. i am very grateful for your mentioning the fact he went on 310 campaigns. i was wondering what he was doing when he was not in the office leading. now i understand he was out campaigning. when he does campaign, have you been able to figure out how much he has cost the american taxpayer for the trips he takes? in hawaii, they mentioned he is lazy because he is from hawaii. i am wondering if he spends all his time campaigning. host: it sounds like he might spend time there because it is warmer than washington, d.c. caller: he does not work that much. when he was in chicago in the senate, in the illinois senate, he did not work that hard. he was only marked present. i did not believe that. now i see the way he operates. he does not seem to be doing his job. that is why he spent $6 trillio
CSPAN
Dec 30, 2012 6:30pm EST
, senator john thune spoke with reporters on where things stand on the fiscal cliff. >> where do things stand as far as a republican deal? >> republicans advanced a proposal last night and you heard senator mcconnell talk about it on the floor. we're still waiting for a counteroffer. there was an indication we would receive the by 10:00 this morning, but discussions still continue. senator mcconnell and vice president joe biden are continuing to discuss this and we think there still could be a path forward. democrats have come out and made a huge deal out of changing this and republicans are very concerned that it should not be used as an offset to reduce or replace some of the spending cuts that would occur and democrats put forward an alternative. this is a process. there's a lot of give-and-take going on. republicans do not want to see new revenue, democratic tax increases, being used for new spending. that is where many members are drawing the line. >> you all want to use this technical level, but it would really affect social security recipients in the sequester. democrats want to
CSPAN
Dec 29, 2012 3:32pm EST
sunday for a possible vote on the fiscal cliff field. republican leaders have not said whether they will act on the sandy bill or move a smaller alternative measure. congressional aides say the best chance for the full package to pass is if it moves in tandem with a potential agreement to avert the fiscal cliff. the strategy in the house is if they try to move this bill at the same time they move the fiscal cliff bill, it has a better chance of passing them by itself? guest: the house is back to deal with the fiscal cliff bill. the hope to supporters of the sandy supplemental is the house would do something on the fiscal cliff package and somehow they could use that as an opportunity to get the sandy bill through. the chance for the full supplemental to be passed before the end of the year, it will either be a smaller amount or they will not touch it at all. the senate will have to start over next year. host: raymond hernandez i need." >> they joined -- an unusual move they are working together as opposed to saying separately i am in new york, this is what i need, new jersey an
CSPAN
Dec 24, 2012 7:00am EST
fiscal cliff. two republican senators on the sunday talk shows yesterday say they agree with the president's position that both sides should avoid tax hikes on middle-class americans. also, nra executive said the group would not support any new gun laws in this country. good morning this monday, december 24, 2012. we will begin this morning with your thoughts on religion and politics. as a religion influence your political decisions? also send us your tweet if you go to twitter.com -- we will begin with the sunday review section of the "the new york times" yesterday. we want to get your take on this. it does religion influence your politics? with more people saying they are unaffiliated. we want to get your take. here are some comments from facebook this morning. what are your thoughts on this december 24, 2012. it does religion influence your politics? let me show you this from "the new york times" this morning. a new poll out worldwide religion shows up that one out of six follows no religion. that is worldwide. all religions outside the united states as well. the upi
CSPAN
Dec 30, 2012 9:30pm EST
republican kay bailey hutchison from the senate floor but the lack of a deal to avert the fiscal cliff. >> the senator from texas. >> mr. president, we are here just hours before a looming deadline that is going to affect just about every american in some way and i do believe that both sides of the aisle and both sides of the rotunda want to come to a conclusion that will keep us from having what looks like a complete meltdown of governing in washington. someone asked the question in one of our conferences, when was the last time that congress was in session and voting between christmas and new year's. the answer was since 1970 there has not been such a session and it has actually happened only four times in the history of our country and two of those times were dealing with world war ii. so i think enormity of the issue is very clear. that's why we are here. i think we should have done this six months ago, a year ago. i think all of us agree that we shouldn't be here at this last hour still trying to negotiate a point at which so many americans are going to be more heavily taxed. i wa
CSPAN
Dec 31, 2012 12:30am EST
things stand on the fiscal cliff. >> where do things stand as far as a republican deal? >> republicans advanced a proposal last night and you heard senator mcconnell talk about it on the floor. we're still waiting for a counteroffer. there was an indication we would receive the by 10:00 this morning, but discussions still continue. senator mcconnell and vice president joe biden are continuing to discuss this and we think there still could be a path forward. democrats have come out and made a huge deal out of changing this and republicans are very concerned that it should not be used as an offset to reduce or replace some of the spending cuts that would occur and democrats put forward an alternative. this is a process. there's a lot of give-and-take going on. republicans do not want to see new revenue, democratic tax increases, being used for new spending. that is where many members are drawing the line. >> you all want to use this technical level, but it would really affect social security recipients in the sequester. democrats want to use new revenue from tax increases. is that the wa
CSPAN
Dec 26, 2012 7:00am EST
: it depends on how we get there. if we have a fiscal cliff deal, the kind the republicans were pushing through last week, it was really no government spending cuts for two years. additional revenue that would be raised was not very much. that would not cause a recession. however, if we got a deal where the president got $100 billion in additional taxes from upper income people and he got $100 billion in the immediate spending cuts as the republicans would want to match it, subtracting $2 billion it is a little over 1% of gdp. that would push us into a mild recession. unemployment was start to creep up. if we got the bigger than that, $300 billion in spending cuts and tax increases, that we would have a severe recession of the kind from which the economy could not easily recover. host: first call is lydia. caller: i had a question for the doctor morici. over the last four years, everything the president has tried to propose to get the country back to work, jobs he has proposed, the infrastructure and jobs programs, the republicans have a filibuster. they took an oath before he was sworn in to d
CSPAN
Dec 30, 2012 2:00pm EST
the road. let's go to louann on the republican line. caller: to me, the fiscal cliff is a small smokescreen. the fiscal cliff that is coming is obamacare. nobody is addressing obamacare. i have to find out friday will be taxed 2.3% on any device used on us in any of the medical fields. my husband's doctor wrote out a prescription for a blood drop for january. he said i do not know how much this will cost you out of pocket because of obamacare. my husband is over 70. he said he did not know how much longer he would be able to help him because of obamacare. this is a smokescreen. when people find out we will be taxed on medical devices, even our vet bills will be going up, this thing is a joke. the liberals will be hit just as hard as republicans. the tea party warned you this would happen. host: let's give the guys a chance to comment on the health care law and its place in this debate. guest: is not part of the fiscal cliff. there is a tax increase going into effect because of the health reform act. it is not considered part of the fiscal cliff. in terms of immediate damage to the economy,
CSPAN
Dec 27, 2012 1:00pm EST
of a fiscal cliff and they are still on vacation. >> let's go to mike in texas, on our line for republicans. >> i agree with the first guy. i wish they would have a little backbone and force obama and reid into not giving in to them. they need to set a budget and stick with a budget, and what they are trying to do is they want more money so they can increase the debt again, and they are about to run this country, as far as i am content. host: out the you think this will end up? caller: i hope boehner holds to his guns. i think the million-dollar deal is a good deal where anybody making over a million dollars pace a little bit more money, but i do not buy that $250 deal. host: that's good to marry in florida. c-span.e on caller: i believe the average american should not have to pay taxes. caller: you are going to need to turn down your tv, ok? caller: i do not have been on. it could be somebody else playing district. -- playing this trick. host: we will stay in florida and go to venice. did you see what minority whip hoyer had to say? caller: yes, i did, and being a democrat i go along with
CSPAN
Dec 31, 2012 10:00am EST
republicans have passed effective bipartisan legislation to prevent the entire fiscal cliff. unfortunately, these bills remain stalled in the senate graveyard. this fact makes it very clear that house republicans have addressed this issue and speaker john boehner is holding firm for fiscal responsibility. with only a few hours to go, it's my hope that the senate will accept one of our proposals and send legislation back to the house that will attempt to tackle out-of-control spending, extend tax cuts for all americans and preventing the devastating defense cuts before it's too late and hundreds of thousands of jobs are destroyed. in conclusion, god bless our troops and we will never forget september 11 and the global war on terrorism. congratulations, jay pierson, for your years of service. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from ohio rise? >> good morning, madam speaker. i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection. mr. kucinich: the question settling over this capital as
CSPAN
Dec 28, 2012 2:00pm EST
on to cal on the republicans line in tennessee. what do you think of the fiscal cliff and where the negotiations are so far? >> i think they ought to go over the fiscal cliff. we have people like that that are on the government bill too long. they are sucking the tit of the federal government. i think everyone should pay their fair share. we have almost a $17 billion national debt. not only, the rich but everyone should pay their fair share. we also need some spending cuts too. $3 for every $1. if you don't do this we're going top find ourselfs in a situation -- you want to talk about unemployment, we're not going to be in a recession we're going to be in a depression. if we don't do this now, what are we going to do when the debt is at $23 trillion. what are we going to do then? >> we're going to bring you president obama's remark again shortly. we're taking a if you more calls. the numbers are on your screen and let us know what you think of the fiscal cliff negotiations so far. brian is on the independent line. go ahead. >> yes, ma'am. we don't have a revenue problem. it's a
CSPAN
Dec 31, 2012 12:00pm EST
the fiscal cliff, and i do not think it is responsible whether you are republican or democrat. i think both parties should unite and work for all americans. it is not obama's fault he was handed a mass. he has done a great job with that. honestly, i was a republican at the time when i voted for him and have since changed to become a democrat. is not about the individual parties. it is about responsibility. if i am not responsible with my money, i pay. i have been recently disabled, and i have spent endless hours and days and weeks and months to try to get disability. and i am unable to get it. i am concerned about our veterans coming home, not having a job, concerned about children and grandchildren having no education so that they have to work so hard for what is already outrageous tuition. i could go on and on a. everyone is glued to their tv, wondering what is going to happen. it is time that we act like responsible adults and do the job. host: keeping an eye on wall street as well. the markets are all up. the dow is up at this hour. many expect a market reaction depending on what happen
CSPAN
Dec 31, 2012 5:00pm EST
. the fiscal cliff negotiations are still under way. republicans call this number. make sure to meet your television if you are lee -- calling in. try to call on the line that best reflects your political view. we're quite to head to springfield gardens new york. caller: good night to everyone into the whole world, especially the united states. i want to wish everyone a prosperous happy new year. i am really disappointed in the fact that i see big grown women and men in the senate cannot come together to prevent this fiscal call. i am a husband. i bring most of the money into the home. the way i look at it is that if there is a crisis going on in my family i am more than likely to step up to the plate and do what is up for necessary to make ends meet. that is a principle i have been living with all my life. to see that the republicans are sitting near in not trying to do the right thing is here. that is all i have to say. host: jeremiah from maryland. i think the vice president should not be the one in negotiating with mitch mcconnell. the person who should be negotiating with mitch mccon
CSPAN
Dec 24, 2012 5:00pm EST
, it is not just a retirement program. host: how does social security factor into this fiscal cliff negotiation process? guest: the republicans put together a plan in the last few weeks to change the way the annual cost of living adjustment is calculated for social security beneficiaries. it is the annual increase in benefits that people get in their monthly payments, it is usually annual, this coming year for instance, next month in january they are scheduled to get a 1.7% increase in benefits. that is based on a government measure of inflation. for social security they use the consumer price index. there is a new measure of inflation that the government has been considering for a while. on average, it is a little bit lower. it reflects a lower level of inflation than what the government has been using up until now. on average they tell us that the kola would be about .03% less. last year the increase was 3.6%. that's the biggest effective of adopting this new measure of inflation that the republicans put on the table. the reason why we're focusing on this and a lot of groups have been focusin
CSPAN
Dec 31, 2012 2:00am EST
republican kay bailey hutchison on the senate floor about the lack of a deal to avert the fiscal cliff. mrs. hutchison: mr. president, we are here just hours before a looming deadline that is going to affect just about every american in some way, and i do believe that both sides of the aisle and both sides of the rotunda want to come to a conclusion that will keep us from having what looks like a complete meltdown of governing in washington. someone asked the question in one of our conferences when was the last time that congress was in session and voting between christmas and new year's, and the answer was since 1970, there ha not been such a session, and it has actually only happened four times in the history of our country, and two of those times were dealing with world war ii. so i think the enormity of the issue is very clear, and that's why we are here. i think we should have done this six months ago, a year ago. i think all of us agree that we shouldn't be here at this last hour still trying to negotiate a point at which so many americans are going to be me heavily taxed. i was pleas
CSPAN
Dec 30, 2012 7:00am EST
together to make something happen. host: you think the fiscal cliff debate is a good sign for the country? caller: absolutely, it is a good sign for the country. you know, america does not need money. america is money. america needs jobs. what kind of jobs? american jobs. what is on american jobs? to do the best and to bring the best things. that is the mayor, -- the america that i see. i seek some unity. i travel around the world. i see some the young americans everywhere. they become the best. host: from manitoba, canada, thank you so much for calling in. a few other stories we want to run through for you -- we will continue this discussion into the next segment. here is the story on federal workers getting a pay raise -- another story at what point you to, this from "the new york times" -- one other story i wanted to point out this morning, this from the new york daily news -- that is from the daily news this morning. i want to get one more call from walker from arizona, the democratic line. walter, what is your message to congress? caller: good morning. thank you for the opportunity t
CSPAN
Dec 25, 2012 10:00am EST
in order to avoid going over the fiscal cliff? >> oh, yeah, i would be. you know, i think it is remarkable that right after the election we get this thing that comes right up in our faces that basically outlines in bold relief the differences in the two ideas about how we go forward in this country. it is really excellent timing, and we may have to go over the cliff, if it is forced into it. but this idea that you bring down the cost of medicare by making it available to more people is a terrible idea of mr. boehner's. the idea -- i would be terribly upset, along with many of my friends, if obama compromised too much on what needs to happen that is called the fiscal cliff. >> do you think a prominent third-party would help our country? >> i felt strongly about that when i supported john anderson in 1979. he was -- a large part of anderson's campaign was to sue the state ballot procedure into allowing third parties to have more access to the electoral process. i would like to see a third party available, but that, too, seems like a really tall order. >> what do you think is the appropriate
CSPAN
Dec 25, 2012 7:00am EST
to the fiscal cliff. from "thew bid frittle bit washington times." this is ron from louisiana. caller: good morning. host: who wish to nominate? -- who would you'll nominate? caller: obama. host: what makes him your hero? caller: we were on a major slide when he came into office. he save the automobile and got osama bin laden. he did everything even though the gop did nothing but filibuster. every proposal he has made. the economy is still growing even though everything that has been put against him. host: are there other heroes you look to beside the president? caller: this year i believe he should be the star for what he has gone up against. he was trying to do a reasonable -- get a compromise and the gop was saying their way or nothing . it is costing the nation. host: thank you very much. this comes from twitter. host: i next call is on the independent line. good morning. caller: the bartender that took the videotape of mr. romney talking about the 47%. he showed an insight into the candidate. host: why is he a hero? caller: he had the courage to share with others. host: anybody else in
CSPAN
Dec 28, 2012 1:00am EST
cliff," "i hope you are getting the situation that we are not going over the fiscal cliff." sadly, i have to tell them that we are not there, we are not here, we are not working. every democrat, every republican ought to be here. the speaker ought to call us back into session. it is not as if we do not have a lot of work to do. in fact, we have a lot of work to do. secretary geithner sent a letter to me and others yesterday, and it was reported in the paper today that america will reach its debt limit on december 31. that needs to be dealt with so that we can maintain the creditworthiness of this nation, so we can give confidence to this economy. in addition to that, there is much other business to do. over the past weeks, majority leader cantor said the house would do the work necessary to finish the items we needed to get done by the end of the year. i talked to mr. cantor today and urged him to have us come back. they are having a discussion about that, i think, at 2:30, shortly, the republican conference on a call. i hope they conclude as we have concluded -- and i speak for lead
CSPAN
Dec 24, 2012 10:00am EST
for the problem if we go over the fiscal cliff. they are holding out for keeping tax rates down where the public has said tax rates should go up. way back before 2010, the public was saying it. there also behind in the image perspective. they are seen as the party of extremism and the summer of 2011 -- the summer did not engage deeply with the policy debates. they sniff out very early on -- the public of more sophisticated than some people think. there were no merits being used to make other political argument and people were very frustrated about that. nobody came of that debate looking good. that is when we started to see a wider opening in the gap of the leaders of the two political parties and the republican party has not overcome that image. they're playing a very similar strategy. >> how do you factor into your polls what the political workers call from game? you have to attribute that to get out the vote efforts. do you try to factor is that in before? >> it is one of the challenges. campaigns are using technology -- there is a much more targeted effort in the pacific states and it is a s
CSPAN
Dec 28, 2012 9:00am EST
the fiscal cliff, right? come back to work and let a majority in the house, republicans and democrats, work their will. let democracy work to protect the middle class. it is essential we pass the extension of unemployment insurance. that is why the president has been very clear on that since day one that it should be a part of any plan. these are people who are out of work through no fault of their own. they are looking for jobs in what is still a tough economy and providing unemployment benefits provide more security for those americans and their families, but it is good for everyone else also. those people have a little bit more money in their pockets to spend on goods and services to support their family which is good for everyone else. when they are spending money, businesses can sell more goods and services and we have some small business representatives here who know very well that the more people have money in their pockets, the more customers they have with money, the more they can sell their goods and services, and the better off the country will be. let's get back to work. allow t
CSPAN
Dec 30, 2012 10:30am EST
cliff. that was not tax increase. if there is one thing that is important to republicans, it is taxes. this becomes a much more sensitive issue especially in the current environment. the debt ceiling, that is also important to the republican base. host: we are taking your calls and questions with stan collander and our other guest. joshua gordon. the numbers are -- the lines are open. stan, one week ago. right before christmas, the president told everybody to go home, drank some eggnog, take a breath, and we will come back and talk about this. how much movement did that stepping back give us? did it move anything at all? guest: it did not seem to change anybody's opinion. we have lost a few days. everybody is feeling more pressure to get back and do something. it did not change the basic spirit did not change the politics very much. part of this is that we have not gone over the cliff yet. a lot of the tax increases your mentioning. a lot of the tax -- a lot of the spending increases -- cuts and tax increases have not happened. people need to go to the senator and representative and s
CSPAN
Dec 28, 2012 8:00pm EST
majority leader and minority leader mitch mcconnell talk about a deal to avert the fiscal cliff. they spoke on the senate floor after a meeting at the white house. >> i talked to the republican leader generally, everyone knows we have been to the white house, we have had a constructive meeting. we hope that something positive will come from that. the republican leader and i and our staffs are working to see what we can come up with. we should not take a long time to do that. it would be in everybody's interests if we were not in session tomorrow. it is my plan to come in at 1:00. we have an hour in a previous agreement that we have, an hour of debate on that, we will have a vote. we have another vote that has been set up -- a simple majority -- >> mr. leader, you're talking about sunday? >> yes. for us, we will have another caucus following that, and by that time we will make a determination, senator mcconnell and i, whether we can do something on the floor in addition. i think we need that time to have everybody step back a little bit. if we come up with something that is not that easy, we
CSPAN
Dec 27, 2012 8:00pm EST
, working to finish the task before us in reaching an agreement to avert the fiscal cliff. democrats are ready to work and, yes, ready to compromise. we understand we will not get it all our way. the legislative process is about compromise. democracy is about compromise. we have not done much of that this year, and frankly this house has been an extraordinarily partisan house where we passed legislation after legislation which the leadership knew it would not be adopted by the senate and the president would veto it. that has not been a constructive experience for the house or a constructive experience for america. i would hope the speaker today would call the house back into session to address these serious challenges confronting our country and giving confidence to our people, that their government is at work, that their government can work, and that their government will work. thank you very much. questions? yes. >> did you get a communication from the majority leader that they would be coming back? >> they would be discussing it today. i know they are discussing that issue. very f
CSPAN
Dec 27, 2012 5:00pm EST
on that fiscal cliff," "i hope you are getting the situation that we are not going over the fiscal cliff." sadly, i have to tell them that we are not there, we are not here, we are not working. every democrat, every republican ought to be here. the speaker ought to call us back into session. it is not as if we do not have a lot of work to do. in fact, we have a lot of work to do. secretary geithner sent a letter to me and others yesterday, and it was reported in the paper today that america will reach its debt limit on december 31. that needs to be dealt with so that we can maintain the creditworthiness of this nation, so we can give confidence to this economy. in addition to that, there is much other business to do. over the past weeks, majority leader cantor said the house would do the work necessary to finish the items we needed to get done by the end of the year. i talked to mr. cantor today and urged him to have us come back. they are having a discussion about that, i think, at 2:30, shortly, the republican conference on a call. i hope they conclude as we have concluded -- and i speak for l
CSPAN
Dec 31, 2012 7:00am EST
president engaged in "serious overnight negotiations to avert the fiscal cliff, making major progress to a year-end tax deal, giving seven hoped to buy stakes than had been on the brink of collapse over the last couple days. guest: i think they may be able to pull something off in the senate. i think they're working together. that's a good first step. i'm really concerned and what they end up coming up with will make the deficit situation worse. that would be ok in the short run, if they had a plan to make the deficit situation better in a longer-term. i only hope they are talking about serious measures that would actually make medium and long-term improvements. but i'm really worried they're not. i'm worried this will be a bipartisan throwing the tough choices to the side and extending things people want to make sure not to him republics without asking any of us to be part of fixing the problem. what we really need is to see some real choices. host: senator joe manchin of west virginia had this to say on the senate floor. [video clip] >> something has gone terribly wrong when the big
CSPAN
Dec 27, 2012 7:00am EST
down and asking themselves why they let the democrats define the rules of debate on the fiscal cliff. the house should have passed a bill saying you cannot use money for medicare to finance obamacare. the plan to finance obamacare and the house should have passed a bill on that. or how about passing a bill that any reform of entitlements -- medicare and social security -- cannot involve taking away benefits from those on the system today and those about to go on the system. you can make good reforms to young people. they should have passed a tax simplification bill. host: next call comes from john in pennsylvania, republican line. caller: good morning. president eisenhower, the rate for the top taxpayers never went below 91%. now we cannot seem to get it up to 39%. in 2001, we had the largest budget surplus ever. 10 years later it would have the largest deficit ever. in 2001, we had $5 trillion in debt. we gained $10 trillion in debt in less than 10 years. $5 chilean was because of the bush tax cuts -- $5 trillion was because of the bush tax cuts. guest: there were numerous tax shelt
CSPAN
Dec 29, 2012 10:00am EST
difference to a lot of american families. going over the fiscal cliff is avoidable. there is still time to act. but president obama and 10 eric -- and harry reid believe it is one that can pass both houses. republicans agree. republicans have taken the step in the right direction. they pass legislation to replace this with responsible target it once and to bring our nation record debt under control. instead of considering the house plan to protect taxpayers democrats have spent months drawn partisan lines in the stands. the tax hike would only funds the government for eight days. americans deserve to know what the president proposes we do for the other 357 days a year. inaction should not be a problem. the problems facing our country are baked but not all that complicated. -- are big but not all that complicated. the next two days will begin to define the president's second term. he was elected to lead. >> we also got an update from oulaurie mcginley this morning. >> what kind of a deal did the president offered? what is new on the negotiations among and between the centers in the white
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